Oil and Gas News

June 26, 2013

Obama: Keystone pipeline must not add to global warming
Washington (AFP) June 25, 2013
President Barack Obama signaled Tuesday that the Canada-US Keystone XL oil pipeline will be approved only if it does not increase emissions of the greenhouse gases that contribute to global warming. "I do want to be clear, allowing the Keystone Pipeline to be built requires a finding that doing so would be in our nation's interest," Obama said in a speech laying out a new strategy to fight climate change. "Our national interest will be served only if this project does not significantly exacerbat ... read more

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Argentina struggles to raise cash for shale develoment Argentina is struggling to raise cash to develop its lucrative shale oil and gas resources. ... more		Stray gases found in water wells near shale gas sites Homeowners living within one kilometer of shale gas wells appear to be at higher risk of having their drinking water contaminated by stray gases, according to a new Duke University-led study. ... more		Fracking raises risk of contaminated drinking water: study New evidence that fracking may contaminate drinking water was published Monday in a study sure to add fuel to the fight over the controversial method of extracting natural gas from cracks in rocks. ... more
				Oil prices ease on US, China concerns Oil prices dropped on Monday as traders focused on economic stimulus concerns surrounding the United States and China, the world's two biggest consumers of crude. ... more		Iraq oil exports dip on weather, sabotage Iraq's oil exports fell in May as poor weather hits its southern ports and saboteurs blew up a pipeline to the Turkish port of Ceyhan, the oil ministry said on Sunday. ... more

CubeSats, SmallSats and MicroSats

Russia, China sign 'unprecedented' $270 bn oil deal Russian oil giant Rosneft and Chinese state firm CNPC signed Friday a $270 billion deal to supply China with oil over 25 years as Russian President Vladimir Putin pushes to diversify the country's energy customer base away from Europe. ... more		Israel moves on gas exports, but how is a problem Prime Minister Binyamin Netanyahu is seeking cabinet approval to export 40 percent of Israel's offshore gas production, keeping the rest for domestic use to eliminate costly energy imports, transforming the economy and the region's energy map. ... more		The first animals on Earth may have been sea sponges, study suggests Wildfire-induced thunderstorms recreated in Earth system models for first time Fengyun satellite strengthens China global weather forecasting capacity		Exxon seeks to export Canadian LNG ExxonMobil is seeking permission to export 30 million metric tons of liquefied natural gas annually from British Columbia in what is considered the biggest export scheme ever proposed for Canada's West Coast. ... more
				Russia, China reach $60 bn oil supply deal: Putin Moscow and Beijing have reached agreement on a $60 billion contract to ramp up Russian oil supplies to China, part of the two countries' strategy to tighten their energy partnership, Russian President Vladimir Putin said on Thursday. ... more		India pushes for energy security in Iraq meet Indian Foreign Minister Salman Khurshid held talks with senior Iraqi officials on Thursday as New Delhi, Baghdad's biggest buyer of oil, pushes for greater energy security as it looks to ensure sustained economic growth. ... more

Solar systems for home and business

Tempur-Pedic Mattress Comparison & Memory Foam Mattress Review

Iraq: Chevron, Total expand Kurdish drilling Iraq's Kurds have consolidated their growing energy sector with Chevron Corp. securing a third exploration block in the semiautonomous northern region and France's Total buying a majority stake in another. ... more		Indonesia to raise subsidized fuel prices Indonesia plans to raise its subsidized fuel prices as part of a revised state budget lawmakers from President Susilo Bambang Yudhoyono's governing coalition pushed through this week. ... more		Maintaining US space dominance requires rapid and reliable delivery of new systems Germany pledges EUR35 bn for space defence against Russia, China Rocket Lab Expands Synspective Partnership with 10 Additional Electron Launches		Oil dives on Fed taper signal, weak China data Oil prices took their steepest fall in seven months Thursday, pushed down by a Federal Reserve signal of the winding down of stimulus and weak Chinese manufacturing data. ... more
				Persian Gulf states 'unable to protect themselves' Despite massive spending on Western weapons, the Arab monarchies of the Persian Gulf are "unable to secure themselves from any external threat" - meaning Iran - and are running up huge public and foreign debt, a Gulf think tank says. ... more		Chevron signs Iraq Kurd oil deal US energy giant Chevron has signed another oil exploration deal in Iraq's autonomous Kurdistan region, it said on Monday, one of several contracts between Kurds and foreign energy firms that have enraged Baghdad. ... more

John Kerry promotes clean energy in India

EU Parliament committee passes revised emissions trading scheme fix

World cities improving energy efficiency: report

International first with the energy consumer of the future

Fracking raises risk of contaminated drinking water: study

Iraq oil exports dip on weather, sabotage

A cheaper drive to 'cool' fuels

When green algae run out of air

An environmentally friendly battery made from wood

New radioactive water leak at Fukushima: TEPCO

US state in new alert over nuclear waste leak

Romania to sell stake in nuclear plant operator

	Central European presidents back Nabucco West over TAP rival The presidents of Hungary, Austria, Romania and Bulgaria have urged Azerbaijan to support the proposed Nabucco West natural gas pipeline over a rival project. ... more		New showdown looms as Sudan threatens south's oil Tension between Sudan and South Sudan, which separated into two countries two years ago, are rising again with threats by Khartoum to block the landlocked south's oil exports to the Red Sea. ... more		Philippines coast guard officials face possibe charges A Philippines Justice Department investigation has recommended filing criminal charges against coast guard officials involved in the shooting death of a Taiwanese fisherman last month. ... more		Iraq slashes production plan, but doubts remain Iraq has formally lowered its controversial oil production target by a quarter, apparently recognizing it was way too ambitious but industry analysts say even the scaled-down plan may still be beyond Baghdad's reach because of shale oil. ... more

Northrop Grumman Hypersonic Navigation System Exceeds Rocket Test Milestones

We can build fighter jet without Germany: France's Dassault

Moldova backs EU in elections marred by Russian interference

DOE to move forward on LNG export applications		Canadian PM's London visit sparks protest		Three Chinese ships in disputed waters: Japan		Iraq to get $6 trillion from energy in new strategy		Britain, Saudi discuss military ties: agency
IEA trims forecasts for global, Chinese oil demand growth		Will Saudi Arabia Allow the U.S. Oil Boom? Interview with Chris Faulkner		Oil down in Asia on China growth concerns		Shale resources add 47% to global gas reserves: US EIA		Oil prices drop on China demand concerns

Shale resources add 47% to global gas reserves: US EIA

Father Laiu fights to save rural Romania from fracking

US renews exemptions to Iran oil sanctions

Australia on course for a shale bonanza?

East Med gas complicates regional rivalries

Germany shelves 'fracking' draft law for now

Iraq offers oil to cash-strapped Sudan, Khartoum says

US eyes progress on South China Sea tensions

Oil prices down in Asia as weaker China data weighs

China's Xi talks energy in Trinidad

Britain group massively hikes shale gas estimate

EP panel OKs stricter reporting rules for extractive industries

Iraq hints OPEC to stabilise output

Myanmar-China pipeline to benefit both countries?

Nabucco, TAP near finish, but lots of room in EU

Vietnam slams 'groundless' maritime claims

Petrobras mulls reducing energy role in Argentina

US targets Iran petrochemical industry

Canada's westernmost province rejects pipeline to Pacific

OPEC moves towards holding output

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